this post was submitted on 05 Nov 2024
270 points (95.6% liked)

News

23369 readers
5219 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
 

When Reuters reported in April that Tesla had scrapped plans for a long-promised, next-generation $25,000 electric vehicle, the automaker’s stock plunged. Chief Executive Elon Musk rushed to respond on X, his social-media network.

“Reuters is lying,” he posted, without elaborating. Tesla’s stock recovered some of its losses.

Six months later, Musk appears to have backed into an admission that Tesla dropped its plans for a human-driven $25,000 car. He said in an Oct. 23 earnings call that building the affordable EV would be "pointless” unless the car was fully autonomous.

top 50 comments
sorted by: hot top controversial new old
[–] FlyingSquid 131 points 2 weeks ago

"We can't make an affordable Tesla unless we come up with something that would make it too expensive."

Gotcha.

[–] ChowJeeBai 82 points 2 weeks ago (2 children)
[–] FireRetardant 65 points 2 weeks ago (2 children)

Until we tax them ridiculously (50-100%) to keep things "fair" for the american auto makers that refuse to build anything smaller than a chevorlet suburban.

[–] [email protected] 12 points 2 weeks ago (4 children)

Along with European, Japanese, and South Korean automakers. Nobody is building EVs this cheap because no other country's government is dumping hundreds of billions of dollars into selling them well below their actual cost.

[–] [email protected] 26 points 2 weeks ago (3 children)

Aww that's so sad. It's a shame nobody has the economic wealth and power to absolutely dominate the market if they put a equal amount of money into EVs. I guess we'll just have to keep spending our money on the military

load more comments (3 replies)
[–] FireRetardant 15 points 2 weeks ago (6 children)

Those automakers are at least trying to compete by building small cars. I see more ads for electric f150s than i see for compact cars in north america.

[–] Mbourgon 9 points 2 weeks ago

The profit margins are insane compared to sedans.

load more comments (5 replies)
[–] [email protected] 11 points 2 weeks ago (3 children)

Correct, because Uncle Sam is spending hundreds of billions of dollars to make oil and gas as cheap as possible while automakers spend bullions every year on stock buybacks. America's poor investments are all China's fault.

load more comments (3 replies)
[–] Grimy 10 points 2 weeks ago* (last edited 2 weeks ago) (5 children)

Every country subsidized their auto industry, it's just that all the benefit goes directly to ceos except in china apparently.

Ford received 9 billion in June.

load more comments (5 replies)
[–] [email protected] 6 points 2 weeks ago

This is why hes suddenly against it, theres no way Chinese EVs are coming stateside, and the US is even leveraging Mexico to keep them out of Mexico too. He doesn't want to make the smaller profit margin thing everyone wants, because the government is just going to ban what everyone wants instead.

[–] SendMePhotos 35 points 2 weeks ago (15 children)

I so badly just want a tiny electric vehicle. I don't travel much. Just need it to go around town and maybe a town over.

[–] [email protected] 12 points 2 weeks ago (1 children)

Chevy Bolt? My coworker has one and loves it.

[–] SendMePhotos 1 points 2 weeks ago (2 children)

Was looking at it but that's like the $30k range, no? I can't afford a 500/mo payment.

load more comments (2 replies)
[–] ChowJeeBai 9 points 2 weeks ago (2 children)

Do you need windows? Renault has a couple of small ones, the Twizy and Zoe, in order of size. Dunno if they're still available. Else in my country they have the BYD dolphin and Smart One Plus.

[–] givesomefucks 28 points 2 weeks ago (2 children)

Americans aren't allowed to buy BYD personal vehicles...

[–] [email protected] 23 points 2 weeks ago (1 children)
[–] Warl0k3 11 points 2 weeks ago* (last edited 2 weeks ago)

We have to take the regulation we can get, okay? Not everyone can have legal systems that "make sense" like you get in them skandinavyvian hellholes. Catch me dead in a country where you can just assume the tap water is potable...

[–] FlyingSquid 11 points 2 weeks ago

Or import European EVs that aren't pre-approved. No Renault Twizy.

[–] [email protected] 10 points 2 weeks ago

Nissan Leaf?

[–] [email protected] 6 points 2 weeks ago

A used Bolt is pretty cheap.

[–] [email protected] 4 points 2 weeks ago (2 children)
load more comments (2 replies)
load more comments (11 replies)
[–] [email protected] 45 points 2 weeks ago (2 children)

Musk is a fascist bigot. I wouldn’t drive a Tesla if it was given to me for free. Just walking up to it and seeing that T would piss me off. In a way, I’m glad he refuses to build a cheap EV.

[–] [email protected] 8 points 2 weeks ago

it's easier to raise tariffs so that efficiently produced foreign electric cars are just as expensive. God bless America

[–] Cocodapuf 7 points 2 weeks ago* (last edited 2 weeks ago) (2 children)

Oh, Musk is way too powerful and totally nuts, he's gone off the deep end. Also he's gone full asshole, there's hardly anything redeemable about him these days.

That said, I'd drive any car that was given to me for free, and I won't pretend otherwise.

Also, despite Musk, Tesla has done amazing things for the auto industry, I'm extremely pleased to see this shift to EVs across the board.

[–] [email protected] 6 points 2 weeks ago

Oh, I’d take a free car; but instead of driving it I’d turn around and sell it immediately. Then I’d buy something that wasn’t a badge of shame.

[–] skyspydude1 2 points 2 weeks ago (2 children)

As someone who works in the industry, and done plenty of work for Tesla, I can create a far greater list of all the things they've fucked up in the industry, including electrification.

load more comments (2 replies)
[–] x00z 25 points 2 weeks ago

How can somebody just shout "they're lying" to get their stock back up and get away with it?

[–] [email protected] 22 points 2 weeks ago
[–] [email protected] 21 points 2 weeks ago

he's still building the car. it's just the price will be double or more.

[–] [email protected] 13 points 2 weeks ago (1 children)
[–] Burn_The_Right 5 points 2 weeks ago

There's at least one sure-fire way to remove leeches.

[–] Snapz 10 points 2 weeks ago

Expect shit they try to bury in the election news cycle

[–] [email protected] 9 points 2 weeks ago

They still don't have fully autonomous 100k cars!

[–] [email protected] 8 points 2 weeks ago

I'm guessing that to him, the only market for the car will be for deliveries. Fleet use. He isn't interested in consumer sales.

[–] Etterra 6 points 2 weeks ago

Well I guess he must know about some secret point to killing his own company.

load more comments
view more: next ›